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20121116
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Search Results 0 to 42 of about 43 (some duplicates have been removed)
leader nancy pelosi sought to project coughs, and even though she said no one broached specific figures for an overall deal. >> i think it would be good if we did something in the 4 trillion dollar category of deficit reduction which is similar to the grand bargain that was discussed last year. >> nonpartisan budget hawks eyeing the opening round of talks with cautious optimism. >> i'm worried people say if i don't get my way i'll go off the cliff and you hear that on both sides, frankly, but i've also seen incredible interest and openness to putting in place a deal, both from president obama and leader boehner, and a number of members of congress. >> an aide to senator majority leader harry reid told fox news, the democrats are open to various tax loopholes only if the republicans agree first to raise taxes on those making $250,000 or higher. sound familiar, chris. >> does a bit. thanks from the white house. president obama won reelection on a promise to raise taxes on high earners as a plan to raise our massive debt. republicans say they agree with the goal, but want to do it a differ
of pennsylvania avenue, discussions on the fiscal cliff. nancy pelosi and john boehner met with the president this morning. with six weeks left to go, work has to be done quickly. rebecca is live with more on the talks. >> the calendar is showing it is just a few weeks until we fall off the so-called fiscal cliff. that is when extended unemployment benefits will expire, tax cuts will expire, and the automatic spending cuts will go into effect. today congressional leaders were promising they would meet the deadline. >> inside the white house republican house speaker john boehner and president obama sat side by side both insisting they want and will find macdill. >> our challenge is to make sure that we are able to cooperate, work together, find common ground, make some tough compromises, build some consensus to do the people's business. >> coming out of the meeting are rare image of bipartisan ship. >> we have the recognition that every person in america knows we would not reach agreement. >> we are prepared to put everything on the table provided we fixed the problem. however, we are in the d
john boehner and house minority leader nancy pelosi will be there and others at any moment to talk about the fiscal cliff. the president spoke to labor leaders and business executives earlier in the week. it's a busy day in washington, d.c. we'll have more on all of this we'll have more on all of this coming up. diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guid
was, quote, constructive. bipartisan. house minority leader nancy pelosi, who sat down with abc's martha raddatz, said she's confident a solution is within reach. >> one of everybody wants to make the best effort to get this done. hopefully that is possible. hopefully it is possible by the middle of december, so the confidence of the markets and most importantly, the confidence of the consumers, returns to infuse our economy with demand, which creates jobs. >> and we will see more of nancy pelosi and martha when martha sits in for george stephanopoulos sunday morning, hosting "this week." >>> and tonight, a town in west texas is grieving. it was supposed to be a celebration of veterans but that turned into a tragedy when the freight train smashed into a parade float. the parade float was stuck on the tracks in midland, texas, and then a screen described as a war zone, when heroes of war became heroes once again. army veterans pushing their wives to safe tip as the train roared towards them. but four of those veterans were on the float as the train hit, lost their lives and, toda
. >>> want to take you to washington, d.c. we see nancy pelosi talking outside the white house after meeting with the president this morning with other congressional leaders. let's listen in. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. we should show some milestones of success so that confidence can build as we reach our solution. because if we do not reach agreement, not only will we miss the opportunity for doing something good for our economy and lifting the spirits and the confidence in our country, we will have an economic downturn that must be avoided. we understand our responsibility there. we understand that it has to be about cuts. it has to be about revenue. it has to be about growth. it has to be about the future. so as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. it was good. i feel confident that a solution may be in sight. mitch? >> i can only echo the observations of the other leaders that it was a constructive meeting. we all understand
. house speaker john boehner said, quote, i believe that we can do this. the top democrat nancy pelosi said she's confident a solution might be in sight. the lawmakers need to reach a deal with the president to avert a series of tax increases and spending cuts. they're scheduled to take affect january 1st. >>> coming up next on the news edge six, the much anticipated beltway express lanes hour,as -- hours away from opening. what you need to know. sue. >> and the weekend about to get started around d.c. lots of sunshine today and still running a little below average. we're trying to make a couple of sweeps to the weekend forecast. i will follow you in on that in a few minutes. lindsay, what is going in sports. >> below average doesn't work in sports. d.c. unite side a must-win and the wizards must win and redskins will get helping hands back this weekend. later in sports as the news edge at 6 continues.  . >>> drivers will get the new test drive starting tomorrow. the five-year construction project adds four new lanes from the beltway to springfield and north of the dulles to
senators harry reid and nancy pelosi have opposed that idea in the past. he says the president can get them to budge. >> yeah, the president essentially wants what he calls balance. either you increase revenue or you, you know, decrease the spending or you try to find some type of balance. when he gets into these democratic side, they don't want programs to be cut on the backs of, let's say, the recipients, middle class recipients. here's nancy pelosi and how she explains that. >> whatever adjustments would be made in social security should be there to strengthen social security, not to subsidize a tax cut for the wealthiest people in america and say that's how we balance the budget. the same thing with medicaid and medicare. again, we have said we support a grand bargain. >> grand bargain. so right now, i think you'd have to say the democrats feel that after the election, they have some type of mandate. the republicans obviously don't agree, but the democrats want to strike while the iron is hot. the president certainly wants to come to a deal as quickly as possible. time really is running
of avoiding the fiscal cliff. he'll meet with harry reid, mitch mcconnell, john boehner and nancy pelosi at quarter after 10:00 eastern time. mcconnell says republicans won't raise tax rates. the white house says the president won't sign an extension of tax cuts for top earners. chinese officials including the country's vice minister are sounding alarm bells with external risks to growth. they hope the uts will come to an agreement on tax issues or warns the country could face a slide into deep recession. eunice yoom is taking a closer look at the relationship between the two economic super powers and how they're likely to proceed. >> she's sitting down to her regular taste of americana. she and her co-workers dine out at their favorite fast food joint from the west twice a week, exactly the kind of middle income chinese american companies hope will drive their future growth. >> translator: we're used to eating rice, she says. it's convenient and nice to have fast food once in a while and have a change. american companies are hoping gnaw leadership will make it easier to sell to chinese
. while democrats often balling at any mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. >> reporter: leader pelosi said there appeared to be interest in a big deal, about four trillion dollars worth of deficit redictions along the lines of the grand bargain that fell apart wean the president and speaker boehner last year, anthony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to accomplish in that time? >> reporter: well, i think what they're hoping for an s an outle, a road map, if you will, that they can take back to both sides for more sensible spending cuts than the across-the-board cuts set to go into effect in those 46 days. >> mason: nancy cordes. thanks, nancy. former c.i.a. director david petraeus was questioned by congress today about the september attack on the u.s. consulate in benghazi, libya. petraeus appeared behind closed doors at the capitol. he spoke with members of the house and sena
about what transpired. let's listen to house minority leader nancy pelosi. >> lifting the spirits and confidence in our country we will have an economic downturn that must be avoided. we understand our responsibility there. we understand that it has to be about cuts. it has to be about revenue. it has to be about growth. it has to be about the future. so as we cut investments and as we talk about revenue, we have to do so in a way that promotes growth and supports the future. it was good. i feel confident that a solution may be in sight. mitch? >> i can only echo the observations of the other leaders it was a constructive meeting. we all understand where we are. i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. even though most of my members, i think without exception believe that we're in the dilemma we're in not because we tax too little but because we sp
. that was one word used, a deal is in sight. according to nancy pelosi, watch the market reversed itself. look at the upward movement in the dow industrials. how often does that happen? lawmakers don't will normally get along and say we are working, we feel great going into the weekend and the dow -- nevertheless, they have got to get something done and they have until the end of the year. all four sound positive, republican and democrat alike, so be it. jamie dimon meantime and his financial giant jpmorgan on the verge of settling with the sec over mortgage-backed securities that the firm was overseeing. charlie gasparino has a lot more. charlie: this is from what we understand a semblance in the neighborhood of $250 million. about half of what goldman sachs paid in its own case of where the sec alleged violated securities laws and peddling talks and securities, jpmorgan, you have to look at a lot of ways. there has to be jpmorgan specific activity that occurred during the financial crisis that most of the charges from what i understand will be relating to what is going on at bear stearns. jp
but at the end of the day, very tough compromises will have to be hammered out. >>neil: nancy pelosi said, not to touch entitlements talking generally about medicare and medicaid, and social security, and a letter circulating in the senate senators harken and rockefeller of the same sentiment. do you agree? >>guest: we have different approaches for saving money. if you save money the way we did in affordable care act by reducing costs but not simply transferring rising health care costs on to the backs of seniors that is the approach we put forward. >>neil: you are not in the camp that says don't look, the let are circulating in the senate says don't even look at them. >>guest: i have not season the letter but the same senators voted for the affordable care act and they agreed we needed to change the incentives in the health care system. what we have said, we will look at ways to bring down health care costs over all moving away from the strict fee-for-service system in medicare which we have begun to do. we can build on that. but we will not take a system like the voucher systems that ha
here a while. you've seen a lot of these meetings. most likely a photo op before the weekend. nancy pelosi was saying yesterday that she would welcome a number that both sides could start working toward and some republicans also say that. do you think there is any hope that maybe by just november, the end of november, there could be consensus on, okay. here's the top line where we're going to write the bill to. do you think that is possible? >> i don't want to minimize the difficulty ahead but i definitely think and get the impression from everything that both sides have said post election that there is some hope here in part. and greater hope for an agreement in the shorter term. there will be a lot of work that would have to be done next year to fill in the details but more of a chance of a deal now since you have the same cast of characters back at the table than you would have if mr. romney would have been elected. they know each other. they've talked about these issues before. they've already winoed down the issues. >> fascinating. if that becomes true. we'll talk more and get
this the cornerstone of working something out. that sounds good. then nancy pelosi, the house minority leader, saying that this has to be about cuts. this has to be about revenue. this has to be about growth and that she is confident a solution is in sight. sounds good, too. and then the house minority leader or rather the minority leader mitch mcconnell also suggesting that this was a constructive meeting and that we are prepared to put revenue on the table. they just emerged from the meeting. looked like they were going right back in. maybe they were going to have lunch. i don't know. they sure deserve it if they're able to come to rhetoric like that any any case. take to you break for a moment and hopefully i can scramble up wolf blitzer. given the fact we're so busy with breaking news he is probably busy as well. [ knock on door ] cool. you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them
't happen. >> i think i saw john boehner and nancy pelosi sharing a rootbeer float out of the same straw at johnny half shell. it's the dawn of a new era. i'm positive about it. >> a lot of important things happened this week. i wasn't totally shocked by any of them, even though the pets russ scandal was a bit surprising. the thing that shocked me the most was, i went to see "lincoln" and it sucked, it was terrible. it wasn't really about the soul of the country as i was led to believe it was going to be, and daniel day-lewis is incredible, he will be in the best actor oscar race but the film -- i want those 2 1/2 hours back. >> toure, we did like another movie though. >> "argo." >> i saw it. >> three thumbs up from "the cycle crew cycle" crew, krystal hasn't seen it yet. >> we were concerned that after the election we would have nothing to talk about, and that's not been a problem. i mean, even on oyour crazy lon list, romney thrusting himself back into the spotlight, even boehner and obama shared a light-hearted tomorrow. >> tomorrow is speaker boehner's birthday. for those who want to
house minority leader nancy pelosi, harry reid, treasury secretary, vice president and senate minority leader mitch mcconnell. stuart: they will be in that spot until the end of the year. another report on government race, the defense department spending $6 billion on nonmilitary research. projects in a million on things like jesus hating fictional space aliens and developing a rollup version. this is the defense department, this is the pentagon. >> we have always argued every corner of the government in every bureaucracy has government abuse in the finance department is not exempt of that. this is another example of out-of-control spending that has gotten $16.2 trillion. remember the stimulus spending, we were paying for things like shrimp, and now every week it seems you are all reporting more on these stories and they never learn. republicans a fiscal cliff conversations should be demanding serious spending cuts. >> i agree. this is our money, fiscal money, taxpayer dollars at work. stuart: more with the company next. @ stuart: time for the highliiht reel. all charles. stuart: mitt
president obama and the four top congressional leaders john boehner, nancy pelosi, harry reid, mitch mcconnell all will begin talks at the white house. cnn's jill dougherty is following those developments for us this morning. she's in our washington, d.c. bureau. good morning, jill. >> hello, soledad. well, this is it. both sides are going to be there. they're looking at the tone. they're looking at the president, what kind of tone will he set? you have to say that they're coming in both sides with their essential positions intact. all, both sides are saying that there is some room for a compromise. so, the essential thing is how do you compromise? if you look at the positions, let's say, of the republicans, and it's most strongly, as i say, relayed by senator mitch mcconnell, he does not, and they do not, want any tax increases. so let's listen to him first. >> and let's be clear, an opening bid of $1.6 trillion of new taxes just isn't serious. it's more than simpson-bowles or any other bipartisan commission has called for. it's been unanimously rejected in the house and senate, it's t
katherine. nancy pelosi suggested maybe there is a bit of wiggle room in the $250,000 amount. maybe we could move it higher who is considered rich in this country. is that something though that you think john boehner is even interested in? >> i think it is probably something that he might consider. this is how negotiations work. congressional "fight club." they stake out their positions and sort of move closer together as they come together and actually meet and discuss this. there are couple options what they can do on the table. president signaled perhaps it doesn't have to be all about getting rates to clinton era levels. perhaps getting revenue from other places. i think that would be healthier, broader tax reform kind of deal made. i'm not sure whether they're all savvy enough to make that deal. i mean. martha: seems to me that is the major issue here. that is what john boehner was hinting at. he is suggesting that if you remove some of the loopholes that is a tax increase on the wealthy in this country. i feel like that is a message that has gotten across in perhaps a clear enough way.
to get you to comment on nancy pelosi proposed decision to remain in congress and remained in her leadership role. guest: i am an enormous fan of the policy. she is an historic leader because she is one of the most productive that this nation has ever seen them back into pelosi is a legislation passed bashing machine. barack obama is a great president and was indispensable in getting the health care bill through. their real hero of that was
: house minority leader nancy pelosi says congress wants to show a message of confidence to the markets and she said they should aim to strike a deal on the fiscal cliff by christmas. the special lasted just over an hour. president obama said nothing explicit about reining in entitlement spending. instead the chief executive spoke about approaching the deficit in a balanced way and talked about long-term impediments to growth. >> i think we are all aware that we have some urgent business to do. we have got to make sure that taxes don't go up on middle class families and our economy remains strong that we are creating jobs and that's an agenda democrats and republicans and independents, people all across the country share. >> reporter: republican leaders gave no indication they are willing to entertain the idea that the president wants them to, namely the raising of tax rates on some particular categories of income earners. the top republican told reporters he believes the dilemma isn't because we tax too little, but because we spend too much. >> we fully understand that you can't save t
on "this week," including an exclusive interview with house democratic leader, nancy pelosi. >>> now, to the escalating controversy of the use of caffeine in energy drinks and a new line of cracker jacks. the manufacturers say these products are perfectly safe. but the fda is looking into caffeine concerns. and so is abc's jim avila. >> reporter: abc news has obtained 92 of what the fda called adverse event reports. the latest of which is an october death claim of sudden cardiac arrest. the government is founding. but the founder of 5-hour is fighting back, saying his product is not harmful. some people swear by it. >> i feel more alert. i feel awake. >> reporter: others overdo it, as in these youtube videos. >> chug. chug. >> reporter: but this morning, the ceo and founder of 5-hour energy drink, tells abc news that kind of abuse is the only way to hurt yourself with his product. >> if you had ten cups of coffee in an hour, i think you'd end up in a hospital. that would really be a dumb thing to do. >> reporter: bhargava says the deaths and hospitalizations, recording to the fda bec
right now coming from anyone in all of this. here he read and nancy pelosi really did not mention entitlement at all. rich o'connell highlighted the fact that his conference in the senate believes that this country does not have a taxing problem, it has a spending problem. there are still two very different beliefs on how to address this problem as they move forward. staff will continue working as the president is out of the country. he goes to a show tomorrow. telegraphs and republicans will be back here after the thanksgiving recess. lori: thank you. melissa: will a deal actually get done. joining us now is juan williams. thank you for joining us. what is your pet on this? what do you think that i think there is a lot of political pressure on both sides right now. remember, from the democratic perspective, they think they need a deal and president obama thinks he has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that p
but nancy pelosi saying we have to have cuts. >> about as good as you can expect at an hour or two. >> especially talking about the possibility of getting this done, not at the very last minute but with some room to spare. i don't know what getting it done but it means having all of the elements of a deal completed or whether it means a mechanism or getting it done in the early part of next year but i think every sign that we just got out of the meeting was positive. >> let's bring in senator kent conrad of north dakota. had a busy day already. thank you for being with us. >> you bet. >> i'm sure you were able to hear senator reid say we won't wait until the last day of december, working through the thanksgiving recess. do you agree with john that this was a good first step? >> extremely positive. i'm even more encouraged. you know, i felt all along there's a good chance to arrive at a framework agreement in this lame duck session, lay out the size of the package, how it would be distributed to how much to cut in spending and raise in revenue. lay all that out before the end of the
leaders to avoid the fiscal cliff. boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay,
until the last day of september, and house minority leader nancy pelosi said the goal is to get it done before christmas. we should be so lucky. >> we should be so lucky. holidays are coming up. it is a beautiful back grdrop b you look a little chilly. >> it is a little cold. >> brianna keilar, thank you. >>> what do fiscal cliff talks mean for your money? for your 401(k)? wall street investors might get nervous if talks aren't wrapped up quickly. i want to bring in time magazine's assistant managing editor, rana faruhar. you say some key people are worried next about what is coming up with stocks and bonds, why is that? >> a lot of the top investors in country see that the market has been down. there are major worries still about the fiscal cliff. i wish i could be as optimistic as some, but frankly i'm becoming a little bit worried. i think the issue of tax hikes for the rich in particular is going to be very politically contentious and there are worries we may not make that interviewer deadline and, in fact, if we go over it and stay over it for a few months, we could see the u.s. go
Search Results 0 to 42 of about 43 (some duplicates have been removed)